Projects

EG LNG (Train 1)

OperationalEquatorial Guinea·Liquefaction (Export)

Project Details

CountryEquatorial Guinea
LocationPunta Europa, Bioko Norte
Terminal TypeLiquefaction (Export)
Rig TypeOnshore
Capacity3.7 mtpa / 5 bcm
Trains1
Start Date01-Jan-2007
Cost (US$bn)1.5
Origin
DestinationIndia, South Korea, Poland
OwnersMitsui {Japan}, Sonangol {Angola}, ConocoPhillips {United States}, Marubeni Corporation {Japan}
BuyersShell plc {United Kingdom}, Glencore {Switzerland}, Hindustan Petroleum Corporation Limited (HPCL) {India}

Status Notes

May 2026 - The project is operational; November 2024 - ConocoPhillips has completed the acquisition of Marathon Oil Corporation; October 2023 - Marathon Oil Corporation has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd; June 2023 - Marathon Oil has signed a heads of agreement (HOA) with the Republic of Equatorial Guinea and Noble Energy which will help further leveraging and extending the life of the project

Last reviewed: 17 Jul 2026